Why Electricity Subsidy May Gulp N2.3 Trillion in 2025
Latest figure from the Federal Government estimates N2.36tn might be spent on electricity subsidies for low-income consumers in 2025. According ...
Tag: electricity subsidy
Electricity Subsidy Gulps N629bn in 2023
The Federal Government said it spent N628.61bn as subsidy on electricity in 2023. The power distribution companies also collected total ...
Senate Probes N2tn Electricity Subsidy, Rejects Proposed Tariff Hike
The Senate has directed the committee on power to investigate the N2tn required for electricity subsidy payment, other debts owed ...
FG Owes GenCos N1.3 trillion, Minister says Electricity Subsidy Should Be Removed
The Federal Government of Nigeria is indebted to the generating companies (GenCos) in the tune of 1.3 trillion naira. This ...
